L&T, IdeaForge Sign Pact For Unmanned Systems
Infrastructure giant Larsen & Toubro Ltd. on Friday said it has entered into a pact with ideaForge, domestic unmanned aerial vehicles manufacturer, to offer drones and allied systems for defence use.
"L&T and ideaForge have entered (into) an MoU (memorandum of understanding) to offer drones and allied systems for defence use," the company said in a filing to the BSE.
Both companies will combine their strengths to offer hi-tech integrated drone solutions to enhance security and surveillance. They will also offer anti-drone solutions to counter the threat of malicious or unintended usage of drones.
"The MoU involves collaboration on technology, products, deployment and go-to-market strategies," it said.
"We are teaming as partners of choice to provide indigenously developed unmanned systems for Indian and global markets. We are confident that this alliance will create a successful 'Make in India' collaboration between a diversified engineering conglomerate and a young, technology-driven company for across-the-range offerings," JD Patil, whole-time director and senior executive vice-president (defence and smart technologies), L&T, said.